Hyperliquid launches permissionless HIP-4 deployments on testnet, enabling developers to create prediction and outcome markets.
DeFi & Yields ·
Hyperliquid has activated permissionless HIP-4 deployments on its testnet, giving developers the ability to construct prediction markets and related outcome-based products. HIP-4 functions as the protocol's technical standard for contracts with full collateral backing that resolve within a predetermined range, making it suitable for both prediction mechanics and instruments resembling options.
The rollout represents an initial phase of the feature set. The team plans to gradually introduce additional capabilities, such as adjustable fee structures and expanded market templates for testnet use, though no timeline for these additions was specified. The announcement does not clarify when the permissionless deployment system will move from testnet to mainnet or what governance or testing milestones may precede that transition.